Presentation made by Timothy Irwin, consultant, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Debt measures in Statistics and Financial Statements - Giovanna Dabbicco, ItalyOECD Governance
Presentation made by Giovanna Dabbicco, Italy, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
IPSAS Implementation at the United Nations - Unis Valencia Williams-Baker, Un...OECD Governance
Presentation made by Unis Valencia Williams-Baker, United Nations, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Tax Expenditures - Scott Showalter, FASAB, United StatesOECD Governance
Presentation made by Scott Showalter, FASAB, United States at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Belgium's Transition to Accrual Accounting - Marc De Spiegeleire, BelgiumOECD Governance
Presentation made by Marc De Spiegeleire, Belgium, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Budgetary reform in Portugal - Recent Developments - Manuela Proença, PortugalOECD Governance
Presentation made by Manuela Proença, Portugal, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Presentation made by Delphine Moretti, OECD, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Debt measures in Statistics and Financial Statements - Giovanna Dabbicco, ItalyOECD Governance
Presentation made by Giovanna Dabbicco, Italy, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
IPSAS Implementation at the United Nations - Unis Valencia Williams-Baker, Un...OECD Governance
Presentation made by Unis Valencia Williams-Baker, United Nations, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Tax Expenditures - Scott Showalter, FASAB, United StatesOECD Governance
Presentation made by Scott Showalter, FASAB, United States at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Belgium's Transition to Accrual Accounting - Marc De Spiegeleire, BelgiumOECD Governance
Presentation made by Marc De Spiegeleire, Belgium, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Budgetary reform in Portugal - Recent Developments - Manuela Proença, PortugalOECD Governance
Presentation made by Manuela Proença, Portugal, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Presentation made by Delphine Moretti, OECD, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
Fiscal Sustainability Analysis in Denmark - John Smidt, DenmarkOECD Governance
This presentation was made by John Smidt, Danish Economic Councils, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
revenue and Expense: Recognition - David Bean, GASB, John Stanford, IPSASBOECD Governance
Presentation made by David Bean, GASB, and John Stanford, IPSASB, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
The OBR and the UK nations - Robert Chote, United KingdomOECD Governance
This presentation was made by Robert Chote, Office for Budget Responsibility, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
Budgeting & Public Expenditures in OECD Countries 2019 - Anne KELLER, OECD Se...OECD Governance
This presentation was made by Anne KELLER, OECD Secretariat, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
Subnational and Supranational IFIs from AIReF's perspective - José Luis Escri...OECD Governance
This presentation was made by José Luis Escriva, Independent Authority for Fiscal Responsibility (AIReF), at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
OECD Review of Financial reporting in Ireland - Delphine Moretti, OECD Secret...OECD Governance
This presentation was made by Delphine Moretti, OECD Secretariat, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
New parliamentary budget procedures and IFIs - Rosemary Huxtable, AustraliaOECD Governance
This presentation was made by Rosemary Huxtable, Australia, at the 38th Annual Meeting of OECD Senior Budget Officials held in Lisbon on 1-2 June 2017.
Concept Note: "OECD Budgeting Outlook" - Ronnie Downes, OECDOECD Governance
This presentation was made by Ronnie DOWNES, OECD, at the 38th Annual Meeting of OECD Senior Budget Officials held in Lisbon, Portugal, on 1-2 June 2017
Long Term Fiscal Sustainability Analysis - Trevor Shaw, OECDOECD Governance
This presentation was made by Trevor Shaw, OECD, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
Presentation by Karen Hill, Head of SIGMA, at the regional conference on Public Administration Reform Challenges in Western Balkan Countries held at the OECD in Paris, 4 December 2015
This presentation was made by Daniele Lajoumard, ministry of Finance, France, at the 18th Annual Meeting of OECD Senior Financial Management and Reporting Officials held at the OECD Conference Centre, Paris, on 1-2 March 2018
This presentation was made by Panagiotis Liargovas, Parliamentary Budget Office, Greece, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
This presentation was made by Jon Magnusson, Parliament of Iceland, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
SBO-PBO-IFI-april-2016
Speech by Milovan Filimonovic, State Secretary of the Ministry of Finance of Serbia, made at the regional conference on Public Administration Reform Challenges in Western Balkan Countries held at the OECD in Paris, 4 December 2015.
This presentation was made by Delphine Moretti, OECD Secretariat, at the 18th Annual Meeting of OECD Senior Financial Management and Reporting Officials held at the OECD Conference Centre, Paris, on 1-2 March 2018
Fiscal Sustainability Analysis in Denmark - John Smidt, DenmarkOECD Governance
This presentation was made by John Smidt, Danish Economic Councils, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
revenue and Expense: Recognition - David Bean, GASB, John Stanford, IPSASBOECD Governance
Presentation made by David Bean, GASB, and John Stanford, IPSASB, at the 16th Annual OECD Accruals Symposium held at the OECD Conference Centre, Paris, on 21-22 March 2016.
The OBR and the UK nations - Robert Chote, United KingdomOECD Governance
This presentation was made by Robert Chote, Office for Budget Responsibility, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
Budgeting & Public Expenditures in OECD Countries 2019 - Anne KELLER, OECD Se...OECD Governance
This presentation was made by Anne KELLER, OECD Secretariat, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
Subnational and Supranational IFIs from AIReF's perspective - José Luis Escri...OECD Governance
This presentation was made by José Luis Escriva, Independent Authority for Fiscal Responsibility (AIReF), at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
OECD Review of Financial reporting in Ireland - Delphine Moretti, OECD Secret...OECD Governance
This presentation was made by Delphine Moretti, OECD Secretariat, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
New parliamentary budget procedures and IFIs - Rosemary Huxtable, AustraliaOECD Governance
This presentation was made by Rosemary Huxtable, Australia, at the 38th Annual Meeting of OECD Senior Budget Officials held in Lisbon on 1-2 June 2017.
Concept Note: "OECD Budgeting Outlook" - Ronnie Downes, OECDOECD Governance
This presentation was made by Ronnie DOWNES, OECD, at the 38th Annual Meeting of OECD Senior Budget Officials held in Lisbon, Portugal, on 1-2 June 2017
Long Term Fiscal Sustainability Analysis - Trevor Shaw, OECDOECD Governance
This presentation was made by Trevor Shaw, OECD, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
Presentation by Karen Hill, Head of SIGMA, at the regional conference on Public Administration Reform Challenges in Western Balkan Countries held at the OECD in Paris, 4 December 2015
This presentation was made by Daniele Lajoumard, ministry of Finance, France, at the 18th Annual Meeting of OECD Senior Financial Management and Reporting Officials held at the OECD Conference Centre, Paris, on 1-2 March 2018
This presentation was made by Panagiotis Liargovas, Parliamentary Budget Office, Greece, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
This presentation was made by Jon Magnusson, Parliament of Iceland, at the 8th meeting of Parliamentary Budget Officials and Independent Fiscal Institutions held in Paris on 11-12 April 2016.
SBO-PBO-IFI-april-2016
Speech by Milovan Filimonovic, State Secretary of the Ministry of Finance of Serbia, made at the regional conference on Public Administration Reform Challenges in Western Balkan Countries held at the OECD in Paris, 4 December 2015.
This presentation was made by Delphine Moretti, OECD Secretariat, at the 18th Annual Meeting of OECD Senior Financial Management and Reporting Officials held at the OECD Conference Centre, Paris, on 1-2 March 2018
Government accounting and financial reporting in Latin America: The state of ...OECD Governance
This presentation was made by Victoria Renée Narvaez Alonso, Chile & Svetlana Klimenko, World Bank, at the 15th Annual OECD Public Sector Accruals Symposium held in Paris on 26-27 February 2015.
Presentation by Andreas Bergmann, Chair IPSASB, at an Asian Development Bank Regional Workshop on Public Sector Accounting, in Jakarta, Indonesia, September 30, 2014
This presentation was made by Sandra Kaiser, Austria, at the 18th Annual Meeting of OECD Senior Financial Management and Reporting Officials held at the OECD Conference Centre, Paris, on 1-2 March 2018
Italy's Tax Administration: OECD Review of Institutional and Organisational A...OECDtax
A presentation summarising the key findings and recommendations contained in the report "Italy's Tax Administration: OECD Review of Institutional and Organisational Aspects". http://bit.ly/29ONOet
Fiscal sustainability - David Vaudt, David Bean, GASB & Ian Carruthers, CIPFAOECD Governance
This presentation was made by David Vaudt, David Bean (GASB) & Ian Carruthers (CIPFA) at the 15th Annual OECD Public Sector Accruals Symposium held in Paris on 26-27 February 2015.
This presentation was made by Delphine Moretti, OECD, at the 40th Annual Meeting of OECD Senior Budget Officials (SBO) held in Tallinn, Estonia, on 5-6 June 2019
Are public financial management reforms yielding results in the Region? - Dun...OECD Governance
This presentation was made by Duncan Last, IMF, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
Fiscal transparency code and fiscal transparency assessment - Johann Seiwald,...OECD Governance
This presentation was made by Johann Seiwald, IMF, at the 12th Annual Meeting of OECD-CESEE Senior Budget Officials held in Ljubljana, Slovenia, on 28-29 June 2016
Managing Government Balance Sheet: a Focus on Public Assets - Manal Fouad, IMFOECD Governance
This presentation was made by Manal Fouad, IMF, at the 19th OECD Senior Financial Management and Reporting Officials Symposium held at the OECD Conference Centre, Paris, on 4-5 March 2019
Summary of the OECD expert meeting: Construction Risk Management in Infrastru...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Using AI led assurance to deliver projects on time and on budget - D. Amratia...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI in Sweden - A. Kadefors, KTH Royal Institute of Technology, Stockholm (SE)OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Building Client Capability to Deliver Megaprojects - J. Denicol, professor at...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement strategy in major infrastructure: The AS-IS and STEPS - D. Makovš...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Procurement of major infrastructure projects 2017-22 - B. Hasselgren, Senior ...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI Dutch Experience - A. Chao, Partner, Bird&Bird & J. de Koning, Head of Co...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
ECI in Sweden - A. Kadefors, KTH Royal Institute of Technology, StockholmOECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
EPEC's perception of market developments - E. Farquharson, Principal Adviser,...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Geographical scope of the lines in Design and Build - B.Dupuis, Executive Dir...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Executive Agency of the Dutch Ministry of Infrastructure and Water Management...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
Presentation of OECD Government at a Glance 2023OECD Governance
Paris, 30 June, 2023
Presentation by Elsa Pilichowski, Director for Public Governance, OECD.
The 2023 edition of Government at a Glance provides a comprehensive overview of public governance and public administration practices in OECD Member and partner countries. It includes indicators on trust in public institutions and satisfaction with public services, as well as evidence on good governance practices in areas such as the policy cycle, budgeting, procurement, infrastructure planning and delivery, regulatory governance, digital government and open government data. Finally, it provides information on what resources public institutions use and how they are managed, including public finances, public employment, and human resources management. Government at a Glance allows for cross-country comparisons and helps identify trends, best practices, and areas for improvement in the public sector.
See: https://www.oecd.org/publication/government-at-a-glance/2023/
The Protection and Promotion of Civic Space: Strengthening Alignment with Int...OECD Governance
Infographics from the OECD report "The Protection and Promotion of Civic Space Strengthening Alignment with International Standards and Guidance".
See: https://www.oecd.org/gov/the-protection-and-promotion-of-civic-space-d234e975-en.htm
OECD Publication "Building Financial Resilience
to Climate Impacts. A Framework for Governments to manage the risks of Losses and Damages.
Governments are facing significant climate-related risks from the expected increase in frequency and intensity of cyclones, floods, fires, and other climate-related extreme events. The report Building Financial Resilience to Climate Impacts: A Framework for Governments to Manage the Risks of Losses and Damages provides a strategic framework to help governments, particularly those in emerging market and developing economies, strengthen their capacity to manage the financial implications of climate-related risks. Published in December 2022.
OECD presentation "Strengthening climate and environmental considerations in infrastructure and budget appraisal tools"
by Margaux Lelong and Ana Maria Ruiz during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris.
OECD presentation "Building Financial Resilience to Climate Impacts. A Framework to Manage the Risks of Losses and Damages" by Andrew Blazey, Stéphane Jacobzone and Titouan Chassagne. Presented during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris
OECD Presentation "Financial reporting, sustainability information and assurance" by Peter Welch during the 5th Session during the 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris
Presentation "Developments in sovereign green bond markets" by Ms. Fatos Koc during the 4th Session of 9th Meeting of the OECD Paris Collaborative on Green Budgeting held on 17 and 18 of April 2023 in Paris.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Canadian Immigration Tracker March 2024 - Key SlidesAndrew Griffith
Highlights
Permanent Residents decrease along with percentage of TR2PR decline to 52 percent of all Permanent Residents.
March asylum claim data not issued as of May 27 (unusually late). Irregular arrivals remain very small.
Study permit applications experiencing sharp decrease as a result of announced caps over 50 percent compared to February.
Citizenship numbers remain stable.
Slide 3 has the overall numbers and change.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
PPT Item # 9 - 2024 Street Maintenance Program(SMP) Amendment
How to make balance sheets more relevant to fiscal analysis - Timothy Irwin, consultant
1.
2. Overview
1. Much progress has been made in producing balance sheets
2. But balance sheets are not always used for fiscal analysis
3. What would make them more relevant?
2
3. Most rich-country governments now publish accrual accounts
Availability of central government accounts in advanced economies
Not available in 2014 Available in 2014
Not available
in 2003
Belgium Cyprus Germany
Greece Ireland Italy
Luxembourg Netherlands
Norway Portugal
Singapore
Austria Denmark France
Hong Kong Israel
Japan Korea Switzerland
United Kingdom
Available in
2003
Australia Canada Spain
Iceland Finland
New Zealand Sweden
United States
3Source: “Dispelling Fiscal Illusions,” Public Money & Management, 2016
4. The reporting of statistical balance sheets is improving too
Reporting of selected items by 28 advanced economies
4Source: “Dispelling Fiscal Illusions,” Public Money & Management, 2016
2
1
2
7
11
5
7
15
22
26
Civil-service pensions
Nonfinancial assets
Financial derivatives
Accounts payable and
receivable
Shares and other equity
Reported in 2013 Reported in 2003
5. But the accounts are often little used in fiscal analysis
• The conclusions of the Cour des comptes’ review of the French experience
probably ring true in other countries:
– The principal objective has been achieved: information on government
assets and obligations has been “significantly improved”, contributing to
greater transparency of the state’s financial situation
– Yet the accrual accounts are “still today too little used, especially by
comparison with budgetary accounts and national accounts”.
– The view of the public finances afforded by the accounts is not
“emphasized by the government, analyzed by the parliament, or used
by investors or rating agencies”
5
6. Some do not seem written with the aim of aiding analysis
Four examples of the reporting of total assets on the balance sheet
6
Total assets as reported Precision in percent of GDP
1,337.3 Hundredths
989,150 Ten thousandths
55,844,000,020.45 Hundred millionths
623,138,436,020.67 Trillionths
7. Another problem is that accounts come too late or are only annual
Lag of annual accounts in months
7
12
12
10
9
8
7
6
5
5
5
5
5
3
3
3
3
3
United Kingdom
Japan
Spain
Austria
Hong Kong
Canada
Iceland
USA
Korea
Israel
France
Australia
Switzerland
Sweden
New Zealand
Finland
Denmark
Source: “Dispelling Fiscal Illusions,” Public Money & Management, 2016
8. A third is that they often lack relevant information
• No clear link to the budget or fiscal rules
• No clear links to economic concepts like general government
• Nothing on the sustainability of tax and spending policies
• Nothing on the effect of the economic cycle on the deficit or the effect of the
deficit on the economy
8
9. What would help
• Write the accounts as though you want them to be read
• Publish them monthly or quarterly with short lags
• Link them to budgets and fiscal rules: if the budget is cash-based and fiscal
rules rely on national accounts
– Reconcile accounting outturns with the budget and fiscal-rule measures
– Include forecasts of the balance sheet in the budget and in accounts
compare the actual with the forecast balance sheet
• Ensure coverage is at least central government as defined by statisticians; if
broader, report on central government as a segment
• Show a comprehensive balance sheet including present values of taxes and
spending alongside the standard balance sheet
• Discuss cyclical adjustment and feedback effects in narrative: fiscal policy is
a restructuring of the comprehensive balance sheet
9
10. Conclusions
• Don’t think accounting is only about the past: work out how to incorporate
future taxes and spending in reports
• Recognize in reporting that the government’s finances, unlike those of
nearly every other reporting entity, are affected by feedback through the rest
of the economy
• Nothing is impossible if you don’t have to do it yourself
• And the presentation of information needs to reflect its precision
• But if accounts are to be used in fiscal analysis, they must compete
successfully for readers’ attention
10